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Search Results 0 to 49 of about 86 (some duplicates have been removed)
in the marketplace of ideas. there's good reason for that. creature grew up in environments where we were always subject to threat. we're looking at that thing that is going to hurt us. we are no longer in the environment. we're in a complex economy the inner dependent that really relies on organizations to provide us with the necessities. so we have to update our thinking, and think longer term, focus on stories that actually represent trends, and not compage -- exaggerate noise. we have to get away from fear. fear played a role in the development of human societies in the earliest stages, it's encoded in the dna, but to evolve, to a sort of complex modern stliermt we live in, we have to update the most basic aspects, so that's what your question speaks to if. >> -- full venture capitalist? >> you know, the opposite of that might be say, well, venture capitalist has to be inherently optimistic, why would you invest in thing where there are uncertain returns and so forth. telling the story about "the coming prosperity." that's a story, you know, easily characterized. and i really don't see it th
, that the value of doing it now in a low interest rate environment is substantially larger on these new loans for two reasons. the lower the interest rate, the faster the am more at thisization of the principal and therefore this will be a more valuable change. second because these loans are so low interest rate, they will be on our books far larger. frankly, not many loans in the past have hit that limit. so even though it's $1 trillion portfolio, the value of that change is quite small for the old loans. it's really going to be quite valuable for these newer very low interest rate loans. >> i'll be briefly two more questions. i see that f.h.a. is now making loans to people who three years ago were foreclosed upon. and that's a very different standard than even exists at fannie and freddie. i don't understand. why are you doing that? >> this is another area where we are working on changes. here's the issue. we have a significant number of homeowners that were responsible homeowners, had good credit scores that lost their jobs in the biggest economic crisis this country has faced since the de
in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going to raise the rates, what is fascinating to put it in the bigger context of the debate about tax revenue, the economists have the static view, you've got x-amounts of capital gains income and you get 20% more tax revenue. >> you don't, because people decide to shelter it. they do their transactions the year before, when the amount is less. and so, all of these numbers that the white house is counting on and sort of rubbing its hands together hoping to get. they're not going to get an
these groups, al-qaeda and others, troy to take advantage of the environment assad has fostered over the last year or so. it is important that they -- that the syrian people get a government out of all of this that is representative of their desires and as separations. they -- aspirations. they don't want to trade one for the other. >> that has been a concern for u.s. policy makers in all of these mideast countries affected by the arab spring. >> what secretary clinton and most others are hoping is president assad will step down. any indication that might happen? >> judging on the pro nuns ments of his -- pronouncements of his top aids, no. they call the talk a pretext for foreign intervention. he equated the regime's potential use with suicide. >> the messages i conveyed from to the leaders of cuba to the leaders of nicaragua and ecuador and venezuela are related to bilateral cooperation and to analyze and to tell them what is happening in syria. i assure you that the president will never, ever leave his country of syria. >> nonetheless, western nations, the so-called friends of syria will b
what the environment means in haiti. >> the environment means a lot. haiti is a country that has been hit by seasonal climate events almost every year. weather events and hurricanes have severely affected the country. every year, thousands of people are dying. many have been displaced. many others are still homeless. as a youth, it is my responsibility to take part in these activities, to do something about it. i would like to see climate justice. >> what the climate justice mean to you? >> for me, eradication of poverty. that means developed countries need to take responsibility by fulfilling -- by providing finance, which is key for countries like haiti. >> marco, what the climate justice mean to you? >> all of that, including the fact that currently, emissions in the atmosphere, 75% are coming from developed countries , countries that have done everything for over a century and now they're trying to place the burden on developed countries -- developing countries who barely have enough to eat. we have a severe injustice here that we need to act on. climate justice, in a nutshell, me
states, inflict damage, physical and reputational, on the jordanian government in an environment in which all other governments are certainly dealing with their own difficulties right now. >> reporter: all 11 suspects were rounded up by jordanian security forces in mid october. jordanian officials say they'd planned to strike on november 9th, the seventh anniversary of the last al qaeda attack in jordan. when suicide bombers struck three hotels in amman, killing about 60 people. the man who claimed responsible for that attack was al zarqawi who led the group al qaeda in iraq. he was killed by u.s. forces in 2006. but analysts say the recent resurgence of al qaeda in iraq shows an unsettling pattern. >> we thought we had them essentially pushed to the wall and snuffed out to a large degree. some individuals were released from prison in iraq and rejoined this group. and certainly when you have a country that is unstable like iraq and you have tremendous sectarian tension there and violence, the more from the sunni side on to the shiite side, you can't be surprised that a group like al qaeda
. there are many differences between the environment in the budget of 1990 and today. today's parties are more polarized than they have been in decades and there are macro trends that make the divide even deeper. the difference is, the parties today are will recall ideologically sorted. according to the national journal, the most liberal is more conservative than the most conservative democrat. by the way, olympia snowe, the gap even gets wider. some of the more liberal republicans are leaving the house. that device gets even deeper. the parties are ideologically sorted. complimenting that, reinforcing that division are three other major factors that did not exist in the 1980's. the way congressional districts are drawn with computer models today, most districts are pre drawn to elect one party or the other. that means most of us in the house or about primary elections, we do not worry about the in general elections. my experience has been primary voters punished compromise. there is a slew of former members that had higher aspirations that can testify to that. when you take a look at the redi
's hard to earn an extra buck in that environment. you're seeing citi, in fact, address those concerns in the layoff announcement today. >> ifill: what does that tell bus the health of the banking sector and whether other big banking institution might be following suit? >> citigroup is not as mump an indicator species as i think people would want it to be. 15 years ago, it was the financial supermarket. it rolled everything together. it's one-stop shopping, and that mold has been called into question, not least by the architect of this model, sandy wiel, saying we should break up the big banks. gwen, i think it tells us more about the end of the era of kind of this force conglomeration of bank where's bigger is naturally better. you have seen, obviously, too big to fail banks become too bigger to fail, such as j.p.morgan, or wells fargo which bought wachovia. but there are others who find they can't hit their stride with the asset they say accummed a decade ago. >> ifill: what we're watching happening at citigroup. does that make them an outlier or a sign of things to come? >> i think
and the ability to work with others in a competitive environment is a huge life skill. competitive sports and the extraordinary game of american football. >> what do you want for christmas? >> at least an 8-8 record by the dolphins. i know i should aim higher. >> mrs. rubio, happy birthday. we appreciate you being here. thank you for being here and thankful to the bank of america. and thank you for coming out early. senator rubio for a fantastic conversation. [applause] captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> president obama addressed a group of corporate executives today in washington. he talked about negotiations with congressional republicans on deficit reduction and the so-called fiscal cliff. >> the holdup right now is that speaker boehner took a position -- i think the day after the campaign -- that said we're willing to bring in revenue, but we aren't willing to increase rates. and i just explained to you why we don't think that works. we're not trying to -- we're not insisting on rates just out of spite or
to start making decisions now projecting the environment they will be in on january 1. let's give those businesses the service, what they deserve and their employees bypassing this middle class income tax cut now. >> i'd just like to add that the chairman and assistant leader part pants in any number of these budget discussions, that, that or the other one. there were several of them. when they went to that table as representatives of the house democrats, they had no instruction except to reach agreement. they shared the values of our caucus but the over riding value was we had to get the job done for the american people. the only thing i said i wanted to see was jobs and economic growth would be at the centerpiece of the discussions and then whatever decisions we would make about investments or cutting them revenue or raising them would center around how we create jobs. that is the way we are going to reduce the deficit by creating jobs. and every step of the way, every time we came to the idea of big, bold, balanced, the revenue question was the hurdle and it still s. you just can't g
then. as bill and tom pointed out, the political and media environments are much more hazard use today than they were then for all the reasons they have laid out. as bill and many others have pointed out, the sequestration sword that was hanging over the nation in 1990 was much more serious. it was three times more than three times as great as the sequestration percentage cuts that we are looking at on january 2nd. third, the initial bush budget for the fiscal year 1991, was based on quite unrealistic economic assumptions and failed to include anywhere near enough money for the savings and loan bailout, the rtc, and others all the became revealed during the spring of 1990. the economy was beginning to falter during the spring, and interest rates were rising. it's interesting to think about that a little. right now federal reserve policy basically has insulated us from one of the major consequences of fiscal irresponsibility. interest rates began to rise people in the housing industry, people selling durable consumer goods, stuff bought on credit immediately begin to -- right now we hav
to relieve your tough migraines. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >> shannon: at first glance it may appear that the housing market is turning around. new numbers show home prices increase in major cities. but here is the catch. not all the buyers are from the u.s. chinese and more are buying more and more homes on the west and east coast. fox news correspondent william la jeunesse on the chinese factor in the u.s. housing market. >> well good news for sellers and a green light for buyers according to new data out tuesday morning. the housing market appears to have bottomed. prices are up in the majority of america's largest cities. by more than 3%. including places like atlanta. and las vegas, which have been down for years. in many areas, foreigners are fueling the fire. the national association of realtors says non-american buyers
and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> almost a year after his death, kim jong ill still looms over north korea. today they erected eight statues around the city. they instribed his name and started plans to renovate the palace where his body lies in state. here is the breakdown of the cost that we found. so, how is the country paying for it? north koreans don't have the money. they are going to borrow some of it at rates like 40%. that is the amount of food that would have brought enough corn to wipe out the food shortfall. the threats that missiles pose the united states. tonight the story struck a chord with us. anderson starts now. >> tonight the top five things that america is talking about. number one, peace love and ♪ [ female announcer ] holiday
. >> except that if we go over the cliff and given how tenuous this economic environment is right now, i mean, the message that sends to business leaders, employers, let alone the american people, is this place is not only ungovernable, it is dysfunction beyond dysfunction. >> a friend of mine, a wealthy california guy, a liberal, said, if you think they're going to trust you after you miss the january 1st deadline, they'll be no trust. they'll say, if you can't meet your own deadline, why would you meet anybody else's. >> and the markets, whether it's europe or american, are pricing in a solution. you see it really quite clearly. >> somebody was on -- mcmahon yesterday was wrong, they're not pricing a failure, they're pricing in a solution. thank you, chris kofinis, for that report from greece. jared bernstein, as always, thank you. >>> when we return, let me finish with the ghost of fiscal cliff yet to come. wait until you see this story. you're watching "hardball," the place for politics. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? y
're in a situation where the economy is not growing there are no jobs. we're facing an inflationary environment too. it is troubling, and it is just about politics, and ideology and pushing that forward no matter what without thinking -- >> what they are saying is that obama will have to give more, than entitlement cuts and spending cuts and republicans might have to acquiesce to tax hikes. lou: what is the republican party coming, monica used expression political party suicide, i don't know if that drastic but there is a defeatism i find astonishing. >> they hope to stan strong together in one message, we need a warrior that is why i'm delighted that jim demint is leaving and going to the heritage foundation, we don't have a clear champion on our issue, senator rubio does a great job but we need more out there jan the kuh cuban guy from florida. lou: i tell you, right now, i may be insulting a lot of people, but he is the most ex fisk communicate or -- effective communicate or the republican party has but he is not talking about the fiscal cliff. >> he said we have to did is not create new taxes b
on the variable you're looking at. throughout the arctic environment system. >> reporter: 97% of the ice sheet covering greenland, another record, that area losing ice five times faster now than it was in the early '90s. >> we know that melting of ice in greenland can contribute to sea level rising around the world. >> reporter: in the last two decades those levels have grown by 20%. a trend scientists say long-term could be devastating. >> most of the people around the world live in coastal areas. that's where ports are. and they are at sea level. even small changes in sea level rise can displace millions of people. >> reporter: a group that includes more than half of the u.s. population, which lives within 50 miles of the coast. jay gray, nbc news. >>> what do you think? >> for sure, the more we really need to talk about this as a global problem. but for sure, with any weather event we're in, it just does put an exclamation mark behind it. we need to do what we can do to get ahead of it. >> the pictures are certainly telling. >> right. very telling and it's only when we get those big storms,
to look over the long haul, over the long-term, whether you have an environment that's right for business. i think in arizona we are trying to get things right so over the long haul we can build a more diverse sustainable economy. i think we are headed in the right direction. stuart: i'm not being flip here, what kind of tax break dos you offer them -- tax breaks do you offer them, just give me an idea. >> if you bring manufacturing to our state, you are going to get a tax credit. if you bring research and development, you will get a tax credit. if you engage in sustainability, green jobs, you will get a tax credit. look, we saw the landscape around the country, and we wanted to make sure we were as competitive as possible. and a lot of it is not going to be companies moving from california, but as this economy improves, a lot of companies are going to be expanding. and we want them to look to our city, our state as they make those important expansion decisions, particularly again for those jobs. stuart: do you actually go to california yourself and try to prize them loose? >> i have been
for improvement and identifies the funding environments. amtrak ridership set a record last year as they indicated. and with an aging population higher gasoline prices and the total instability of the fuel resources, highway and aviation congestion, millions of more travelers choose to ride the train if the service is available and dependent. amtrak workers are prepared and well trained to provide services to our customers, but for us to succeed congress must provide amtrak with consistent and predictable multiyear funding for modernization and capacity upgrades. beyond reorganization, what amtrak really needs is dramatic increases in capital investments. amtrak's next generation plans for the northeast corner is outstanding. it will cut the transaction it time in half between washington and new york, as well as between new york and boston. they need to increase speed and updecorate the infrastructure is the ticket to transporting americans in an cost effective and energy efficient matter. we and labor are ak -- amtrak's partner. we -- if they so see the need but more importantly, the substantial
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to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >> greta: new fireworks in a hollywood custody fight turned custody brawl. actress halle berry's battle with her ex over their 4-year-old heating up and turning violent. berry's ex-boyfriend and her fiance getting into a brutal, ugly fistfight on thanksgiving day. the pictures prove just how brutal it got. now berry's ex could face criminal charges. ken baker is live in l.a. with the latest. ken, what in the world happened on thanksgiving day? >> well, we're used to ugly custody battles in hollywood. it happens all the time. but this really did take a violent turn. it was on thanksgiving morning when halle berry's ex, her ex-boyfriend, gabriel aubrey, the father of their 4-year-old daughter nayla, had to return their daughter back to halle berry in the wh hollywood hillsr the holiday. when he was doing the h
that footage every day. >> not in staten island. >> not exactly their natural environment. thank you. >> you cause a distraction, i'm going to make a break for it. hey, my little pony. >> how you doing? >> i'm doing pretty good. >> have you thawed out from last night? >> yeah, and your voice sounds good. >> talk about thawing out, they're going to be pretty warm in the plain states. we've got a big ridge building in the midsection of the country. so about two-thirds of the country going to be much above normal. look at these temperatures, amarillo 76 degrees, 22 degrees above normal, little rock at 65, kansas city, 62. that's 16 above normal. we're looking at lake effect snow showers around upstate new york, again that heavy rain in the pacific northwest, some fog working its way through the southeast. we'll get your local forecast right after these messages. >>> that's your latest weather. >>> good thursday morning touchlt well, you made it through the first round of rain. our next window for heavy rain opens up at 5:00 p.m. tonight through 5:00 a.m. tomorrow so count on a very rough drive
a lasting solution is to commence direct negotiations and we need an environment conducive to that. >> the palestinians say they were getting -- by britain and other countries for concessions on what they were requesting to be more specific, they wouldn't go to the icc, the criminal court, in order to get these european votes. it's important for the palestinians not to just get the, quote, usual band of countries that support them no matter what here. they would like to get a sizeable number, including western countries. france will vote in favor, spain and portugal. but the u.k. will abstain, germany will abstain. all they need is a simple majority here. but the way forward, maybe it inches everyone closer to that two-state negotiating process. or it's just symbolic. netanyahu of israel says this will not accomplish anything, about not hasten any type of peace agreement. they still haven't talked in months. >> and i'm sure it's not the least bit pleasing to the palestinians to hear secretary of state say we don't support it because we don't think it would work. and clearly a lot
affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> as we do here every night, we're keeping them honest. looking for facts, not offering our opinions or playing favorites. we're not supporting democrats or republicans. you can go to other cable channels for that. our goal is reporting, finding the truth and calling out hypocrisy. tonight the people you elected to go to washington and get things done can't seem to make any progress at all on the looming fiscal cliff. instead, what we have is a game of finger pointing, both democrats and republicans, what else, blaming each other for the lack of a deal. now, keep in mind time is of the essence here. automatic tax hikes and spending cuts will go into effect in just four wee
, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>> the internet security guru john mcafee is wanted for questioning in belize in the death of his neighbor. the strange tale began in early november, when mcafee said someone poisoned four of his dogs. dogs whose barking was apparently a source of tension between the two neighbors. two days after the dogs were poisoned, mcafee's neighbor was shot in the head. mcafee says he didn't kill him but that he's afraid for his own life and that authorities in belize are after him because he refused to pay a bribe to a politician. cnn's martin savidge was the first reporter to find mcafee and interview him on camera since he went on the run and the details surrounding that exclusive interview were almost as bizarre as the case itself. take a look. >> reporter: the search to find john mcafee began right here at the airport not long after i landed. it began with three simple words, sorry, i'm late. a prearranged code word to let me know i had met the person who woul
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protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicar
they need to go to camp david and get out of the environment to get a deal done here. >> i think that would be a great idea. the co-founder of no labels with me wrote a column in "the daily beast" talking about the leadership principles we need to put in place, which is to tell the truth and no more budgetary gimmicks and govern for the future, which means plans that address growth, opportunity and fairness and put the country first, put partisanship aside and take responsibility and work together. all those things mean let's get in the room together. let's quit the public posturing. let's get down to business. these are too consequenceal as to get the show going now. >> i have to ask you, the president could not have been more clear. i point back to the exit polling, and even his first news conference after being re-elected that the line in the sand where tax rates for the wealthiest americans that make over 250,000le, if you can't start at that point when you have congressman cole, a republican, saying this is what must be done and everybody behind the scenes agrees. the first proposal i
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if you go over the cliff and given how tenuous this economic environment is right now, the message it sends to business leaders, employers, this place is not only ungovern ner rabl, it's dysfunction among dysfunction. >> freand of mine, a liberal, said if you think they are going to trust you after you my the january 1st deadline, do you think they will trust you that week? if you can't meet your own deadline, why should they make anybody else's? >> and the markets are pricing in a solution. you see it really quite clearly. >> and somebody was on -- mcmahon was wrong. there are grownups jared bernsteinç and chris, thank yo. you're watching "hardball," the place for politics. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. if you're a man with low testosterone, you should know
and take. in that environment, commonplace is essential. it -- if you go through the last campaign, it is not that big of an area. compromise is required. give-and-take -- people have to accept some things they do not like as part of a larger agreement. i would say getting a comprehensive agreement now that resolve's many of these issues would at least reduce the constant threat of government shutdown. that is why this is so important going forward. >> i would remind everybody we have threats of government shut down in the past -- the famous showdown with newt gingrich and clinton. when you have divided government, you have clashes of major philosophical difference. the key is being able to have an element of compromise as part of that process. that is exactly the place we are in right now, trying to find that point. >> the best model for all of you who are working so hard on this may well be speilberg's movie about lincoln. lincoln made deals. you know what, he achieved great, great goals. it goes to the point you are making -- politicians are supposed to play politics, that is no
. as far as the environment energy, it's an absolute winner. but we have to do it with the least amount of subsidy and god forbid there should be a prophet in operations that we could actually achieve that if we work together. so let's take the report together. first of all, the board of directors had organizational problems from very top of the board. i was very pleased for sitting this hearing and i ask questions before. we went to a nine-member board and seven members of the board had been appointed. two democrat appointees were lacking until yesterday the white house admitted these two and i'm pleased to see that and i hope everyone helps get the full complement of the board in place. sometimes it takes a hearing to get action under its implementation of a strategic plan for highlighting that the board should be filled. and maybe they did that at their own volition, but i'm very pleased that it was done. let's look at the key folks in place and you divided into six divisions. i'm very pleased to hear what she said about possibly not going forward with some of the commuter activities
is to commence direct negotiations and we need an environment conducive to that. we have urged both parties to refrain from actions that might in any way make a return to meaningful negotiations -- >> now, brooke, president abbas promised to return to negotiations after the vote. but with israel so opposed to the move it doesn't seem likely. prime minister benjamin netanyahu slammed the resolution calling it one-sided saying it doesn't take into account israel's security interests and it pushes the peace process back. israel is threatening to withhold a hundred million dollars a month in tax revenues from the palestinians, further restrict movement of plib officials and there is about 500 million in u.s. economic and security aid at stake. congress withheld aid last year when they joined unesco. that's gone through. this could certainly trigger a cut from aid in washington leaving the palestinians in dire straits. maybe lead to the collapse of the palestinian authority and renewed violence in the region. this strengthen it is happened of hamas who was riding high after the gaza cease-fire l
a reduction in the amount of carbon and an improvement in the environment as well as conservatives can see the idea of leaving it more resources at home and sending less of our wealth abroad. this is a way of doing something different, which is creating a consensus to get something done in the next congress. we are excited for the next congress and to work with all legislators to implement these recommendations and see them through to their felon. -- to their fulfillment. i would like to call fred smith, the chairman and founder of fedex. he really needs no introduction. but the truth is fedex and what -- p. burns about 1.5000 gallons of fuel per day -- 1.5 billion gallons of fuel per day. oh, per year. [laughter] why would really be a problem. but the truth is that sex, what they have done in our economy is groundbreaking. they are the clipper ships of the modern age. what they see in terms of the economic growth of our country, because they touch every industry, as well as providing the transportation to making our economy grow, i think he is well-suited to discuss this issue. i thank hi
Search Results 0 to 49 of about 86 (some duplicates have been removed)